Man Group's CEO Says Stop Asking People Where They Went to School
Leaders with Francine Lacqua
Bloomberg
4.6 • 64 Ratings
🗓️ 23 February 2023
⏱️ 38 minutes
🧾️ Download transcript
Summary
When Man Group Chief Executive Officer Luke Ellis started his career in the City almost 40 years ago, the square mile “had many of the worst aspects of the UK,” he says. It was just “a posh part of UK society that looked down on anything other than posh White men.”
But in 2023, things are different. Although he cautions more progress needs to be made, especially at the senior levels, Ellis says “the City is now at least as good as the national average and probably better” when it comes to race and gender equality.
In this week’s In the City, the leader of the world’s largest publicly listed hedge fund joins hosts David Merritt and Francine Lacqua in a conversation about the importance of diversity in the City, and how far the UK financial industry has come in terms of recruiting from a bigger pool of talented people.
One of the areas Ellis says needs more attention is “social mobility,” which he calls “the last bastion of open prejudice.”
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| 1:09.1 | I'm David Merritt. And I'm Franzine Lacqua. |
| 1:11.7 | And this is in the city, Bloomberg's podcast connecting you to the stories and the voices at the heart of the city of London. |
| 1:17.7 | This week, a conversation with Luke Ellis, Chief Executive Officer of Man Group, |
| 1:21.1 | the world's largest publicly listed hedge fund firm. |
| 1:24.1 | Luke, thank you so much for coming in. |
| 1:25.4 | It's great to be here. |
| 1:26.5 | So you're one of the most famous hedge fund chief executive, if not the hedge fund firm. Luke, thank you so much for coming in. It's great to be here. So you're one of the most famous hedge fund chief executive, if not the hedge fundee, but actually |
| 1:32.3 | you have quite an interesting career path. |
| 1:34.3 | I'm not sure whether famous is a, it's a good or bad thing. |
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